Stablecoins | Crypto

Stablecoin monthly transaction volume hit $7.2 trillion in February, surpassing the $6.8 trillion processed by the Automated Clearing House network. Stablecoin transaction volume surpassed the US Automated Clearing House network for the first time in February, a significant milestone for an asset class that has existed for less than 12 years. According to data from blockchain analytics platform Artemis, the total 30-day adjusted rolling stablecoin volume hit $7.2 trillion in February, beating the Automated Clearing House network at $6.8 trillion. The data is based on 30-day rolling adjusted volume of stablecoin transactions in US dollars, excluding MEV activity and intra-centralized exchange transactions, comparing this to the daily average volume of other financial systems. Read more

Ripple’s Brad Garlinghouse noted that stablecoin trading volume soared to over $33 trillion in 2025, while Bloomberg predicted that stablecoin flows would hit $56.6 trillion by 2030. Ripple CEO Brad Garlinghouse said stablecoins will be the crypto sector’s “ChatGPT moment” for businesses in search of faster, more efficient payments, and that many companies are already discussing and strategizing how to implement stablecoins into their operations. “You have boards of directors and CEOs of companies, whether it’s Fortune 500 or Fortune 2000, they’re asking their treasurers, they’re asking their CFOs, hey, what are we doing with stablecoins,” Garlinghouse told FOX Business on Friday. “Giving the treasurer and the CFO that option is the unlock,” he said.  Read more

Stablecoins could benefit from the rise of AI-driven payments over time, even as early adoption remains limited and contested, according to a new report. Stablecoins could benefit from the rise of AI-driven payments over time, even as early adoption remains limited and contested, according to a new report from Bernstein. In a Monday note shared with Cointelegraph, the broker said stablecoins could help unlock machine-to-machine payments by making microtransactions viable and enabling programmable, conditional payments between software agents without a human in the loop. But Bernstein said traction so far has been limited. The note said Stripe and Tempo’s machine payments protocol recorded about $5,000 in stablecoin volume in its first week, while Coinbase’s x402 protocol handled no more than $25 million over the last 30 days. Read more

The stablecoin debate in Washington is increasingly becoming a fight over a single question: who gets to keep deposit insurance on-chain? FDIC Chair Travis Hill signaled that payment stablecoins under the GENIUS Act should not qualify for pass-through insurance, while tokenized deposits that meet the legal definition of a deposit would retain the same insurance […] The post Stablecoins just lost key battle as insurance protection to be reserved only for bank-issued tokens appeared first on CryptoSlate.

Stablecoins are emerging as cheaper alternatives to costly legacy FX rails, but off-ramps such as bank account access add significant friction, according to Delphi Digital. Stablecoins are gaining traction in high-cost cross-border payment corridors in emerging markets as they reduce some of the inefficiencies of legacy foreign exchange (FX) infrastructure, according to research firm Delphi Digital. Stablecoins are emerging as the cheapest way to move US dollars in emerging economies due to the high costs of legacy FX corridors, which can reach up to 8% in combined fees when sending money to Argentina or Nigeria.  Delphi said in a Monday article on X that 81% of the cost in those corridors comes from servicing the underlying banking infrastructure, which it argues gives stablecoin rails a structural advantage. Read more

Stanley Druckenmiller said stablecoins are more efficient, faster and cheaper than fiat running on traditional banking infrastructure. Billionaire investor Stanley Druckenmiller said blockchain and stablecoins may only be a decade away from powering the global payments system — though he isn’t sold on the idea of crypto functioning as a store of value. In an interview with Morgan Stanley recorded on Jan. 30 and released on Friday, the former hedge fund manager said blockchain-based tokens — particularly stablecoins — boost productivity in the payments space: "Blockchain and the use of stablecoins, if you want to throw crypto into that, tokens, incredibly useful in terms of productivity," Druckenmiller said. Read more

Stablecoins move trillions each year but mostly sit unused, leaving a widespread inefficiency across crypto markets. Opinion by: Artemiy Parshakov, vice-president of Institutions at P2P.org Stablecoins sit at the center of the digital asset economy, functioning as the de facto cash layer for onchain markets. With over $300 billion now held in stablecoins, they often exceed the transaction volumes of many traditional payment networks. Yet most of this capital is static. Read more

The European Central Bank warns in a new working paper that as stablecoin adoption grows, deposits may leave banks, affecting lending and monetary policy transmission. The European Central Bank said increasing stablecoin use may pull money out of bank deposits and weaken the way monetary policy flows through to lending, according to a new ECB working paper. Growing adoption of stablecoins, which are digital assets often pegged to currencies such as the US dollar or euro, is expected to draw funds away from traditional bank deposits, the ECB said in its latest working paper series, “Stablecoins and Monetary Policy Transmission,” released Tuesday. “Our analysis shows that rising interest in stablecoins is linked to a measurable decline in retail bank deposits and a reduction in lending to firms,” ECB staff said, adding that stablecoins can reduce the amount of credit banks provide to the real economy. Read more

A global survey of 4,658 crypto users found 39% receive income in stablecoins and 27% use them for payments, with stronger adoption in emerging markets. A global survey commissioned by BVNK and conducted by YouGov found that 39% of crypto users and prospective users across 15 countries receive income in stablecoins, while 27% use them for everyday payments, citing lower fees and faster cross-border transfers as key drivers. The survey of 4,658 respondents, conducted online in September and October 2025 among adults who currently hold or plan to acquire cryptocurrency, found that stablecoin users hold an average of about $200 in their wallets globally, though holdings in high-income economies average around $1,000.  It also found that 77% of respondents would open a stablecoin wallet with their primary bank or fintech provider if offered, and 71% expressed interest in using a linked debit card to spend stablecoins. Read more

Stablecoin growth could drain bank deposits, with regional US banks most exposed, Standard Chartered’s Geoff Kendrick warned. Stablecoins pose a real risk to bank deposits both globally and in the United States, according to a new report by Standard Chartered analysts. The delay of the US CLARITY Act — a bill proposing to prohibit interest on stablecoin holdings — is a “reminder that stablecoins pose a risk to banks,” Geoff Kendrick, global head of digital assets research at Standard Chartered, said in a report on Tuesday seen by Cointelegraph. “We estimate that US bank deposits will decrease by one-third of stablecoin market cap,” the analyst said, referring to a $301.4 billion market of US dollar-pegged stablecoins, as measured by CoinGecko. Read more

Stablecoins have topped $284B in circulation, with USDT and USDC over 90% of supply. Banks have warned that reward programs could draw deposits away, while Niall Ferguson and Manny Rincon-Cruz have said stablecoins resemble bank notes that historically grew alongside deposits, after U.S. GENIUS Act. The post Stablecoins Hit $284B – Are Banks Really at Risk? Analysts Weigh In appeared first on Cryptonews.

Bank of Italy Governor Fabio Panetta has warned commercial banks to tokenise deposits to stay competitive as dollar stablecoins expand. He has said Europe risks dependence on U.S. payment firms, while the ECB has kept plans for a digital euro by 2029 and DLT settlement in 2026, as EU talks continue. The post Bank of Italy Chief Warns Banks Must Tokenize Money to Compete with Stablecoins appeared first on Cryptonews.

Why regulation favors stablecoins over Bitcoin for salaries and how compliance, volatility and payroll rules are shaping crypto wage adoption worldwide. Crypto payroll refers to paying employee salaries using blockchain-based digital currencies. Employers may use crypto payroll instead of traditional fiat currency or alongside it. You can set up crypto payroll in several ways: Read more

The era of the hooded hacker hoarding Bitcoin in a dark web wallet is over. In 2025, the center of gravity in the illicit cryptocurrency economy shifted decisively away from the volatility of the original cryptocurrency and toward a dense, dollar-linked shadow system. According to new Chainalysis data shared with CryptoSlate, stablecoins accounted for 84% […] The post Stablecoins just replaced Bitcoin for crime on the dark web – and the reason why is a $154 billion nightmare appeared first on CryptoSlate.

Moody’s said stablecoins and tokenized deposits are evolving into institutional “digital cash,” with trillions in onchain settlement volume and billions in infrastructure investment. Stablecoins are shifting from a crypto native tool to a core piece of institutional market plumbing, according to a new cross-sector outlook report from Moody’s. In the report, published Monday, the ratings agency said stablecoins processed about 87% more settlement volume in 2025 than the year before, reaching $9 trillion in activity based on industry estimates of onchain transactions, rather than purely bank‑to‑bank flows. Moody’s said fiat‑backed stablecoins and tokenized deposits are evolving into “digital cash” for liquidity management, collateral movements and settlements across an increasingly tokenized financial system. Read more

Stablecoins exploded in 2025 with new regulations, banking charters, and a $306 billion market cap—but not all issuers had smooth sailing.

Stablecoins rank among the top catalysts for Web3 gaming growth, signaling a shift toward fundamentals, monetization and payment infrastructure. Blockchain game builders are increasingly prioritizing fundamentals and infrastructure over token-fuelled growth cycles, with stablecoin adoption emerging as one of the top three catalysts for the first time, according to the latest report from the Blockchain Gaming Alliance (BGA).  On Wednesday, the BGA published its 2025 State of the Industry Report, which shows a shift in what builders believe will drive success in blockchain gaming.  According to the report, the top three growth drivers were high-quality game launches (29.5%), revenue-driven business models (27.5%) and stablecoin adoption in payments (27.3%). Read more

Stablecoins were once a minor appendage of crypto markets, a functional parking spot for traders cycling between Bitcoin and Ethereum. However, framing no longer fits. With a circulating supply above $300 billion and annual trading volumes exceeding $23 trillion in 2024, stablecoins have matured into a parallel dollar infrastructure. They extend US monetary power into […] The post Stablecoins just eclipsed Bitcoin in the one metric that matters, exposing a $23 trillion global fault line appeared first on CryptoSlate.

Bitcoin was launched fifteen years ago. The industry has ballooned into a nearly $4 trillion ecosystem, yet Satoshi’s vision of everyday payments remains largely unfulfilled. The hope for peer-to-peer payments has shifted to stablecoins. But rather than replacing banks, stablecoins risk becoming bank-like infrastructure. Stronger regulation in the U.S. and Europe may push them toward […] The post Stablecoins were built to replace banks but on course to becoming one appeared first on CryptoSlate.

Regulators are overhauling crypto banking rules to reduce risk and improve transparency, creating a framework that could reshape how stablecoin issuers operate and strengthen the long-term stability of the U.S. digital-asset market. The post Crypto Banking Rules Face Overhaul as Global Regulators Sound the Alarm on Stablecoins appeared first on Cryptonews.